BIRMINGHAM TRUST NATIONAL BANK v. STATE

SC 499.

294 So.2d 153 (1974)

BIRMINGHAM TRUST NATIONAL BANK, etc. v. STATE of Alabama.

Supreme Court of Alabama.

May 2, 1974.


Attorney(s) appearing for the Case

Robert G. Johnson and Frank M. Young, III, Birmingham, for appellant.

William J. Baxley, Atty. Gen., Willard W. Livingston, Counsel, Dept. of Revenue and Asst. Atty. Gen.; Herbert I. Burson, Jr., Asst. Counsel, Dept. of Revenue, and Asst. Atty. Gen., for the State of Alabama.


JONES, Justice.

This is an appeal from the Circuit Court of Montgomery County wherein a final decree was rendered denying appellant—Birmingham Trust National Bank—relief from payment of 1969 excise taxes alleged to be due to the appellee—the State of Alabama.

The facts are complex, but crucial, to an understanding of the issue involved. Appellant was organized as a national banking association on October 15, 1968, under the name Alabama...

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